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Old 09-04-2012, 05:12 AM   #76
jesseber
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Member#: 293509
Join Date: Sep 2011
Location: New Orleans, LA
Vehicle:
2004 WRX STI
Blue

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Bought my first STI at 22. Second one at 23. Gotta love full coverage.
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Old 09-04-2012, 05:51 AM   #77
M.HASSAN
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Member#: 328270
Join Date: Aug 2012
Chapter/Region: International
Location: Gabs Botswana
Vehicle:
2004 wrx sti
blue

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i am 25 and i got my 04 sti last month,i am into selling used cars so i managed to buy one from japan

if u have loans to pay off i will recommend you to finish them 1st , you dont want people to say that guy owes me and he got a new car !!!
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Old 09-04-2012, 06:33 AM   #78
ajp11
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Member#: 175821
Join Date: Mar 2008
Chapter/Region: Tri-State
Location: Rochester, NY
Vehicle:
2011 Wrx
Satin White Pearl

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I bought my first car (99 civic) when I was 18... after my freshman year of college. I paid cash. I then bought my first wrx (06) when I was 20 (during my Junior year). I got a loan for this one.... My school was a SUNY (ny state school), so it was relatively inexpensive. I was paying off my school bill each semester in cash. I worked at a restaurant/bar to make enough to go without school loans.

If you have loans I would suggest not buying a car w/ a loan as well.....

As I say that, I have now gone back for my MBA with a loan for my new wrx (2011)..... its all preference though (as long as you can actually afford it!)
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Old 09-04-2012, 07:46 AM   #79
jakechup
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Member#: 280793
Join Date: Apr 2011
Chapter/Region: MWSOC
Location: Clarkston, MI
Vehicle:
02 WRX Wagon
WRB

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02 wrx - 17 paid for in cash by me and only me.
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Old 09-04-2012, 08:26 AM   #80
MF-DIF
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Member#: 62197
Join Date: May 2004
Chapter/Region: MWSOC
Location: youtube.com/PistNRods
Vehicle:
GTO /WRX/SV650

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24 when I purchased a new 04 WRX. It's gone now...but still miss it sometimes. WRXs and STIs are cheap now if you buy a late model. It's in the grasp of HS and college students if they can scrounge up 5-6k, they can have a bugeye.
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Old 09-04-2012, 08:33 AM   #81
drivin blind
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Member#: 73043
Join Date: Oct 2004
Chapter/Region: MWSOC
Location: Carson City, Michigan
Vehicle:
2011 STI/2010 370Z
Black/Black Cherry

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52 when I bought my WRX. 56 when I bought my 1st STI. 59 when I bought the 2011. RP
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Old 09-04-2012, 08:34 AM   #82
mferring
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Member#: 81345
Join Date: Feb 2005
Location: Houston area
Vehicle:
2004 WRX Wagon
Red

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I was 46 and couldn't be happier!
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Old 09-04-2012, 08:40 AM   #83
DjTrav
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Member#: 291264
Join Date: Aug 2011
Chapter/Region: MAIC
Location: Pasadena, MD
Vehicle:
2015 WRX Limited
Ice Silver Metallic

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27, bought a 2011 sti last year, never drove a subaru before.... 1 test drive and i was set.
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Old 09-04-2012, 09:23 AM   #84
AWD.riven
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Member#: 288543
Join Date: Jul 2011
Location: Columbus, OH
Vehicle:
2002 STI Swapped WRX
Aspen White

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At 18 I got my first WRX. Traded up and sold cars I've had to get it. Started with a car I got from my parents at 16, salvage title 97 civic dx with 180k. Have worked 40+ hours a week and saved until I could buy them outright. Now 21 and on my 4th WRX. I think that car loans are stupid. If you don't have the money to buy something outright then you can't "afford" it. You may be able to afford the payments but as far as putting yourself in debt for a car. Stupid in my opinion.
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Old 09-04-2012, 09:45 AM   #85
Terrible Juan
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Member#: 208296
Join Date: Apr 2009
Chapter/Region: SCIC
Location: Inland Empire
Vehicle:
2012 Chrysler 300
2007 OBP WRX VF43'd

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I bought my 2008 WRX when I was 25. I bought it at the height of the recession so the discount was like $6500 off and cost me maybe $330 a month. I was making about $16.50 an hour at the time and doing a ton of overtime so it wasn't out of reach but if it weren't for that $6500 off, I wouldn't have been able to afford it.

Remember, just because the payment check won't bounce doesn't mean you can afford it.
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Old 09-04-2012, 10:00 AM   #86
Chilson0602
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Member#: 181115
Join Date: May 2008
Location: Wellsboro, Pa
Vehicle:
02 WRB WRX, 00 RS
94 Jeep YJ, Ducati 996

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I bought mine when I was 17 now 20 and still love it, My family and I owned a local candy store so i worked there since I was 10 just saving money. I bought a truck at 15 and only drove it a few weeks after I got my permit. Sold the truck to pay for my outback sport, drove that awhile had some great times with it then I bought my 02 wrx wagon off of here at 17. It is very fun and I still joke about it today, that when I broke up with my ex I had enough money to buy it in about 5 months, its crazy how much you can spend on women(but normally its worth it). Had my car paid off in 6 months, graduated high school and went to YTI for motorcycle technology graduated there and now I work at our Tioga County Prison. It's not what I went to school for but it pays double what I would be making as a motorcycle technician in my area and helps fund my school loans/expensive toys lol.

But like everyone says on here spend what you can afford dont strap yourself on money.
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Old 09-04-2012, 10:19 AM   #87
Fir3Fighter
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Member#: 316780
Join Date: Apr 2012
Chapter/Region: MAIC
Location: Parkersburg, WV
Vehicle:
2003 Impreza WRX
Silver

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^couldnt agree anymore than these last three posts.
Bought my first wrx almost a year ago, with my own money and I plan to own a Subaru until the day I die!
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Old 09-04-2012, 11:01 AM   #88
SWP n Gold
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Member#: 110783
Join Date: Mar 2006
Chapter/Region: Tri-State
Location: Stamford, CT
Vehicle:
2010 WRX
Satin White Pearl

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Graduated college right around the time I turned 23. Got a job, then bought the WRX right around the time I turned 24.
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Old 09-04-2012, 11:05 AM   #89
V8sPFFF06sti
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Member#: 236314
Join Date: Jan 2010
Chapter/Region: MAIC
Location: Reston, VA
Vehicle:
2006 Forester XT
White

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after dropping out of college and getting a decent job at 23 got a used STi.... then went back graduated... now 27 got a really good job now and i am buying a 2008 STi thats hooked up!
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Old 09-04-2012, 11:06 AM   #90
alexw
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Member#: 274194
Join Date: Feb 2011
Chapter/Region: MWSOC
Location: Wisconsin
Vehicle:
2013 Subaru WRX
Satin White Pearl

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Bought my WRX (2013) this past week, I am 26. Late to the Subaru game, I drove mostly E30 BMW's for the past few years.
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Old 09-04-2012, 11:27 AM   #91
Mattyovs13
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Member#: 331051
Join Date: Sep 2012
Chapter/Region: NESIC
Vehicle:
2007 Wrx
Silver

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I'm 19 and work 50+ hours a week to afford it. Totally worth my 07 wrx
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Old 09-04-2012, 11:37 AM   #92
BOOST3DWRX
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Member#: 96454
Join Date: Sep 2005
Location: NE Ohio
Vehicle:
2012 STi Stage 2
WRB

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18! I dont recomend buying one if you cant afford it though it was a stretch when I was that young and I was always broke!

Since then 24 I had a 11 wrx and 25 I have a 12 STi

Its def something that you have to be comfortable with paying for you dont want to cut your self short just to have a car.
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Old 09-04-2012, 11:59 AM   #93
jgates411
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Member#: 148524
Join Date: May 2007
Chapter/Region: South East
Location: Kings Bay, GA 31547
Vehicle:
2002 05 STI convert!
PSM

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04 wrx purchased in 07 at 23. Loved it, built a JDM sti out of it, sold.
02 wrx acquired in 11 at 27. Traded a 95 honda civic for it haha. Built an 05 sti clone out of it, never selling it! Lol
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Old 09-04-2012, 11:59 AM   #94
1-3-2-4
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Member#: 100762
Join Date: Nov 2005
Chapter/Region: Tri-State
Location: Bangor, PA
Vehicle:
2012 WRX Hatch
07 Speed Triple, 05 SV650

Default

You're really reaching by asking people on a public forum for financial advice. That being said, I'll bite.

You need to do a balanced financial plan based on your current assets, liabilities, and your tolerance for risk. In other words, how much money do you have, how much do you owe, and how comfortable are you with extending your assets (current and unearned).

If you have no money, you owe $200k in student loans, and are graduating with a degree in English history, I'd think twice about buying a new car (if they even give you the loan). Conversely, if you have some cash for an emergency (a 6-12 month stash is 'responsible'), you owe next to nothing for student loans, and you're getting ready to land a good paying stable job...then consider your options. You don't want to put yourself in the proverbial poor house for a depreciating asset, but you also need to live your life, too. You can save till your 70, have millions, but be too old (or dead) to enjoy it.

Take a balanced approach, and consider your plans for the future. The new car feeling wears away by the time you make the second or third monthly payment. From there on, debt just sucks. That being said, consider all options. For example, if you had $25k cash saved for the car, I wouldn't put it all down on the car unless the interest rate was high. If you can get 1.9% (or the like), the extra few hundred $$ spent on interest over the life of the loan lets you keep your cash in hand where you have quick access to it when life throws you a curve ball. Consider all options, and don't take our word for it.
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Old 09-04-2012, 12:19 PM   #95
splavidal
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Member#: 297596
Join Date: Oct 2011
Chapter/Region: RMIC
Location: Boulder, CO
Vehicle:
2002 WRX wagon EJ25
Black

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I bought my 02 wrx when I was 17. I knew very little about it and thought it would be a very reliable car. Five thousand miles later, I had to put a lot of money into a new shortblock. Though I could afford it, I kind of wish I had bought something cheaper and more simple like a Cherokee xj. It would have saved me tons of money at the cost of the fun I have in the wrx. The wrx could have waited until after college.
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Old 09-04-2012, 12:28 PM   #96
overb00st
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Member#: 297501
Join Date: Oct 2011
Chapter/Region: MWSOC
Location: Detroit MI
Vehicle:
04 WRX
PSM

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Bought my 04 WRX when I was 21. Saved up and was extremely stingy with money for 6-8 months and bought it for $10.2k cash. Insurance is about $170/month.
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Old 09-04-2012, 02:17 PM   #97
spelk3
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Member#: 19835
Join Date: Jun 2002
Chapter/Region: BAIC
Location: Mountain View, CA
Vehicle:
2012 WRX sedan
sold '02 WRX wagon

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44 when I bought my first WRX, 54 when I bought my second.
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Old 09-04-2012, 02:55 PM   #98
DieselClown
Scooby Guru
 
Member#: 36135
Join Date: May 2003
Chapter/Region: Tri-State
Location: New York City
Vehicle:
2005 WRX
Aspen White

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I was 25, but I bought my first car at 21, while still in school. My advice is to NOT do it if you risk having to choose work over school JUST to pay the damn car note. At least you have the sense to ask yourself this question so kudos to you!

The thing most people don't consider is the maintenance cost (gas, car problems, insurance), so if you can afford all of that PLUS the loan, then go for it.
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Old 09-04-2012, 04:48 PM   #99
ByeBye4g63t
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Member#: 290896
Join Date: Aug 2011
Location: Phoenix, Az
Vehicle:
2004 STi, FOR SALE
PSM

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17, bought the STi. 18, going on 19, I still don't have any tickets on my record (knock on wood) and I've been pulled over 1 time in 3 years of driving. Let's not turn this into a "you're too young for that car" thread, because a teenage girl in a brand new 2011 v6 mustang would be about as fast as a stock STi.....
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Old 09-04-2012, 05:56 PM   #100
Onejamasubaru
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Member#: 312346
Join Date: Mar 2012
Chapter/Region: South East
Location: Florida
Vehicle:
2012 WRX
Satin White Pearl Sedan

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21 and loving it
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